Toll Rates. (a) The Concessionaire will impose congestion pricing on the HOT Lanes, which may include dynamic tolling with potential toll rate changes at frequent intervals and there will be no restrictions on toll rates, except as set forth in this Article 5. The Concessionaire’s congestion pricing methodology: (i) will not be inconsistent with the Department’s plans and programs for highway system management of the overall transportation network; (ii) when implemented, will assure that the Project will not become a federal Degraded Facility (as defined in 23 U.S.C. §166), as set forth in the Technical Requirements; and (iii) when implemented, will be designed to assure that the Project will meet the OSPS. (b) The toll rates will be the same for persons using the HOT Lanes under like conditions, and for this purpose “like conditions” may take into consideration: (i) type, weight and occupancy of the vehicle; (ii) number of axles; (iii) time of day and/or week; (iv) time and location of entry or exit to or from the HOT Lanes; (v) traffic volume, vehicle speed, vehicle type; and (vi) similar variables or combinations of such variables. Notwithstanding the foregoing, (A) the Concessionaire may adopt and implement discount programs for different classes or groups of persons using the HOT Lanes under like conditions, subject to the provisions of Section 24.01 and (B) it is understood that dynamic tolling may result in vehicles that enter the HOT Lanes at different times being subject to different toll rates as well as in vehicles travelling on the same section of the HOT Lanes being subject to different toll rates.
Appears in 2 contracts
Toll Rates.
(a) The Concessionaire Developer will impose congestion pricing on the HOT Express Lanes, which may include dynamic tolling with potential toll rate changes at frequent intervals and there will be no restrictions on toll rates, except as set forth in this Article 5. The ConcessionaireDeveloper’s congestion pricing methodology:
(i) will not be inconsistent with the Department’s plans and programs for highway system management of the overall transportation networknetwork in Northern Virginia;
(ii) when implemented, will assure that the Project will not become a federal Degraded Facility (as defined in 23 U.S.C. §166), as set forth in the Technical Requirements; and
(iii) when implemented, will be designed to assure that the Project will meet the OSPS.
(b) The toll rates will be the same for persons using the HOT Express Lanes under like conditions, and for this purpose “like conditions” may take into consideration:
(i) type, weight and occupancy of the vehicle;
(ii) number of axles;
(iii) time of day and/or week;
(iv) time and location of entry or exit to or from the HOT Express Lanes;
(v) traffic volume, volume and vehicle speed, vehicle type; and
(vi) similar variables or combinations of such variables.
(c) The toll rates for Permitted Vehicles with three or more axles will be imposed
(A) at a rate not less than five times the toll then in effect on Permitted Vehicles with two axles during any Peak Period (as such term is defined in the Technical Requirements Attachment 1.1) and (B) at a rate not less than three times the toll then in effect on Permitted Vehicles with two axles during all other times. Notwithstanding the foregoing, (A) the Concessionaire Developer may adopt and implement discount programs for different classes or groups of persons using the HOT Express Lanes under like conditions, subject to the provisions of Section 24.01 24.01, and (B) it is understood that dynamic tolling may result in vehicles that enter the HOT Express Lanes at different times being subject to different toll rates as well as in vehicles travelling on the same section of the HOT Express Lanes being subject to different toll rates.
Appears in 1 contract
Sources: Comprehensive Agreement
Toll Rates.
(a) The Concessionaire Developer will impose congestion pricing on the HOT Express Lanes, which may include dynamic tolling with potential toll rate changes at frequent intervals and there will be no restrictions on toll rates, except as set forth in this Article 5. The ConcessionaireDeveloper’s congestion pricing methodology:
(i) will not be inconsistent with the Department’s plans and programs for highway system management of the overall transportation networknetwork in Northern Virginia;
(ii) when implemented, will assure that the Project will not become a federal Degraded Facility (as defined in 23 U.S.C. §166), as set forth in the Technical Requirements; and
(iii) when implemented, will be designed to assure that the Project will meet the OSPS.
(b) The toll rates will be the same for persons using the HOT Express Lanes under like conditions, and for this purpose “like conditions” may take into consideration:
(i) type, weight and occupancy of the vehicle;
(ii) number of axles;
(iii) time of day and/or week;
(iv) time and location of entry or exit to or from the HOT Express Lanes;
(v) traffic volume, volume and vehicle speed, vehicle type; and
(vi) similar variables or combinations of such variables. Notwithstanding the foregoing, (A) the Concessionaire Developer may adopt and implement discount programs for different classes or groups of persons using the HOT Express Lanes under like conditions, subject to the provisions of Section 24.01 24.01, and (B) it is understood that dynamic tolling may result in vehicles that enter the HOT Express Lanes at different times being subject to different toll rates as well as in vehicles travelling on the same section of the HOT Express Lanes being subject to different toll rates.
Appears in 1 contract
Sources: Comprehensive Agreement
Toll Rates. (a) The Concessionaire Developer will impose congestion pricing on the HOT Express Lanes, which may include dynamic tolling with potential toll rate changes at frequent intervals and there will be no restrictions on toll rates, except as set forth in this Article 5. The ConcessionaireDeveloper’s congestion pricing methodology:
(i) will not be inconsistent with the Department’s plans and programs for highway system management of the overall transportation networknetwork in Northern Virginia;
(ii) when implemented, will assure that the Project will not become a federal Degraded Facility (as defined in 23 U.S.C. §166), as set forth in the Technical Requirements; and
(iii) when implemented, will be designed to assure that the Project will meet the OSPS.
(b) The toll rates will be the same for persons using the HOT Express Lanes under like conditions, and for this purpose “like conditions” may take into consideration:
(i) type, weight and occupancy of the vehicle;
(ii) number of axles;
(iii) time of day and/or week;
(iv) time and location of entry or exit to or from the HOT Express Lanes;
(v) traffic volume, volume and vehicle speed, vehicle type; and
(vi) similar variables or combinations of such variables. Notwithstanding the foregoing, (A) the Concessionaire Developer may adopt and implement discount programs for different classes or groups of persons using the HOT Express Lanes under like conditions, subject to the provisions of Section 24.01 24.01, and (B) it is understood that dynamic tolling may result in vehicles that enter the HOT Express Lanes at different times being subject to different toll rates as well as in vehicles travelling on the same section of the HOT Express Lanes being subject to different toll rates.
Appears in 1 contract
Sources: Comprehensive Agreement
Toll Rates. (a) The Concessionaire will impose congestion pricing on the HOT Lanes, which may include dynamic tolling with potential toll rate changes at frequent intervals and there will be no restrictions on toll rates, except as set forth in this Article 5. The Concessionaire’s congestion pricing methodology:
(i) will not be inconsistent with the Department’s plans and programs for highway system management of the overall transportation networknetwork in Northern Virginia;
(ii) when implemented, will assure that the Project will not become a federal Degraded Facility (as defined in 23 U.S.C. §166), as set forth in the Technical Requirements; and
(iii) when implemented, will be designed to assure that the Project will meet the OSPS.
(b) The toll rates will be the same for persons using the HOT Lanes under like conditions, and for this purpose “like conditions” may take into consideration:
(i) type, weight and occupancy of the vehicle;
(ii) number of axles;
(iii) time of day and/or week;
(iv) time and location of entry or exit to or from the HOT Lanes;
(v) traffic volume, vehicle speed, vehicle type; and
(vi) similar variables or combinations of such variables. Notwithstanding the foregoing, (A) the Concessionaire may adopt and implement discount programs for different classes or groups of persons using the HOT Lanes under like conditions, 12 DMEAST #27287336 v26 subject to the provisions of Section 24.01 and (B) it is understood that dynamic tolling may result in vehicles that enter the HOT Lanes at different times being subject to different toll rates as well as in vehicles travelling on the same section of the HOT Lanes being subject to different toll rates.
Appears in 1 contract
Sources: Comprehensive Agreement